Parlux Fragrances Inc. raised its credit line with GMAC Commercial Finance to $30 million from $20 million, with an option to increase it to $35 million. The company said the interest rate on the credit line was lowered to 0.25% below the prime rate, down from the previous prime rate. The company said it requested an increase in credit to support its goal of exceeding $300 million in sales in the fiscal year ending March 31, 2007. The new credit line will last until July 2008, Pa...